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In the final episode of the 3rd season when Oliver says "I think I already told everyone to call you Speedy", I thought he was being a wiseass. Yet in the 4th season I've frequently heard him call her that when they've "suited up". Is this really the handle Thea's been going by?

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Yes, her codename is really Speedy. In-universe, it's Oliver's old nickname for her, from when they were kids:

Oliver: No one's called me [Ollie] in a while, Speedy.

Thea: Worst nickname ever.

Oliver: What, always chasing after me as a kid? I thought it fit pretty well.

Arrow Season 1 Episode 1: "Pilot"

Out of universe, it's a reference to the legacy Green Arrow sidekick. Speedy was one of Roy Harper's many aliases; along with "Arsenal" (the one they ended up using on Arrow) and the incredibly imaginative "Red Arrow".

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  • In 3x23 (My Name is Oliver Queen), Thea suggests that they call her Red Arrow, and Oliver says that he told everyone to call her Speedy. – Thunderforge Mar 27 '16 at 9:42
  • Oliver also refers to Roy as Speedy. He supposedly does it to constantly remind Roy of Thea so that he doesn't go into a berserker rage. – Kevin Workman Mar 31 '16 at 12:40

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